Ranking recognizes OEC in the TOP 5 of Open Corps in Engineering and Construction

On October 17th, during an event in Rio de Janeiro, the platform 100 Open Startups, a pioneer and leader in open innovation, announced the awarded corporations in the 9th Edition of the 100 Open Startups Ranking. The recognition, aimed at companies that most practice open innovation in the country, is evaluated based on data generated by the market itself. For the second consecutive year, OEC was in the TOP 5 of Open Corps in Engineering and Construction. Daniel Lepikson, responsible for Innovation at OEC, represented the company on the occasion.

In the 2024 cycle, 62,216 open innovation relationships between corporations and startups were registered, totaling more than R$ 10.8 billion in business, a 69% growth compared to 2023. Of the 9,419 corporations seeking startups in the country, 6,001 had open innovation relationships with at least one startup, and of the 39,550 startups that are part of the 100 Open Startups platform, 5,077 closed deals with at least one corporation.

Engineering and Construction

In the Engineering and Construction segment, the TOP 5 corporations were responsible for 72% of the relationships with startups identified in the sector, that is, 13 Open Corps companies, equivalent to 0.2% of all companies that do open innovation with startups in the country.

In total, corporations in the Engineering and Construction sector established 186 business relationships with 84 startups in the last year. The most common type of contract was the hiring of services or products from startups, followed by the hiring of pilot projects. Business relationships directly transacted around R$ 100 million compared to R$ 35 million in the previous year, representing a growth of 186%. Most of the relationships of companies in this segment were with ProductivityTechs (35%), followed by ConstrucTechs (27%), and HRtechs (23%).

For Daniel Lepikson, OEC’s presence in the ranking reflects the relevance the company has given to the topic. “OEC’s Innovation program has open innovation as one of its strategies, through the involvement of startups in the search for competitive solutions to gain operational efficiency. OEC’s classification as one of the TOP Open Corps in the construction sector in 2024 rewards our effort and shows that we are on the right track,” he evaluated.

“The numbers consolidate the beginning of a new era of open innovation, in which ecosystem management becomes central to the innovation strategy of corporations and startups. Increasingly, collaboration is essential to achieve results in innovation,” comments Bruno Rondani, CEO and founder of 100 Open Startups.

About the ranking

The 100 Open Startups Ranking has been published since 2016 and is a reference for the innovation ecosystem due to its objective, data-based criteria. In addition to the TOP 100 Open Corps, the TOP 50 Open Corps Middle Market — corporations with revenues of up to R$ 1 billion — and the leading corporations in 30 sector categories were also recognized. The Ranking also recognizes the leading startups and scaleups in open innovation and the ecosystem agents that most contribute to this practice in the country.

About 100 Open Startups

100 Open Startups is the pioneering and leading open innovation platform in Latin America, whose mission is to transform the market and society through innovation by collaborating between companies and startups. Since 2008, it has organized the Open Innovation Week – Oiweek, a community that brings together more than 200,000 professionals and, since 2016, publishes the 100 Open Startups Ranking, which monitors the evolution of open innovation practice and rewards leading companies and startups. The digital platform has already facilitated more than 1 million interactions that resulted in the registration of more than 130,000 open innovation agreements and R$ 13.5 billion in contracts between startups and corporations. Currently, more than 39,000 startups and 9,000 corporations are registered on the platform.